 "Stock market holiday: Long weekend alert! BSE, NSE closed on Friday, Nov 15")
Stock Market Holiday: Investors and traders will enjoy a long weekend in India as the stock market will be closed for trading on Friday, November 15, 2024, on account of Guru Nanak Jayanti. Following the Gurunanak Jayanti celebration, markets will have a routine weekend holiday and will reopen on Monday, November 18, 2024, marking a 3-day break. Also Read: Are banks closed on Friday, November 15?
Guru Nanak Jayanti marks the birth anniversary of Guru Nanak Dev, the founder of Sikhism. Guru Nanak Dev, born in 1469, is considered the first of the ten Sikh Gurus.
The National Stock Exchange (NSE) and the BSE will have no trading or settlement in stocks, derivatives, and securities lending and borrowing (SLB) segments on Friday.
After this stock market holiday, the markets will be closed next week on Wednesday, November 20, 2024, given the Maharashtra Legislative Assembly General Election.
The next stock market holiday falls on Christmas, December 25, 2024. This will be the last market holiday in India for this year.
Stock market trading hours
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The Indian stock market operates on weekdays from Monday to Friday, 9:15 AM to 3:30 PM. There is also a pre-open session from 9:00 AM to 9:15 AM on regular trading days. The market remains closed on Saturdays and Sundays.
Will the commodity market be open on Friday?
Multi Commodity Exchange (MCX) on November 15, 2024, will be open partially for the evening session from 5 PM to 11:30/11:55 PM.
On the other hand, the National Commodity & Derivatives Exchange (NCDEX), the largest agri commodity exchange in India will remain closed.
Market recap
Benchmark indices BSE Sensex and NSE Nifty50 closed the final trading session of the week in negative territory on Thursday, November 14, 2024. The BSE Sensex fell 110.64 points, or 0.14 per cent, to close at 77,580.31, while the NSE Nifty50 declined 26.35 points, or 0.11 per cent, ending at 23,532.70.
29 of the 50 constituent stocks on the NSE Nifty50 closed in the red, with major drags from Hindustan Unilever, Britannia Industries, BPCL, Tata Consumer, and Nestle India, each posting losses of up to 2.92 per cent. In contrast, 19 stocks ended the session positively, led by Eicher Motors, Hero MotoCorp, Grasim, Kotak Mahindra Bank, and HDFC Life, with gains reaching as high as 6.59 per cent.